Zee Entertainment Enterprises vs Sun TV Network: Which Stock Should You Track

August 6, 2026
Posted by: Ankit Jaiswal
Category: News

Zee Entertainment MCap Rs 9,557 Cr, PE 35.28x, ROE 2.31%, D/E 0.02. Sun TV Network MCap Rs 19,783 Cr, PE 13.73x, ROE 11.39%, D/E 0.01.

Zee Entertainment Enterprises vs Sun TV Network is a comparison TV broadcasting investors look up when evaluating two pan-India Hindi and regional language television networks. Zee Entertainment is one of India’s oldest and most diversified broadcast companies, with channels in Hindi, Bengali, Tamil, Telugu and other regional languages plus ZEE5 as its OTT streaming platform, while Sun TV Network is South India’s dominant media company with over 30 television channels in Tamil, Telugu, Malayalam and Kannada languages.

This Zee Entertainment Enterprises vs Sun TV Network article covers reach and market position, key products, latest declared results and stock valuation. The Zee Entertainment Enterprises vs Sun TV Network data below is sourced from Groww and public company filings and reflects the most recently available information at the time of writing.

Table of Contents

Zee Entertainment Enterprises vs Sun TV Network: Reach and Market Position

On the Zee Entertainment Enterprises side of the Zee Entertainment Enterprises vs Sun TV Network comparison, Zee Entertainment operates over 60 television channels in India and internationally, plus ZEE5 (OTT platform with 100-plus million subscribers). Market capitalisation is Rs 9,557 Cr.

Click Here – Get Free Investment Predictions

On the Sun TV Network side of the Zee Entertainment Enterprises vs Sun TV Network comparison, Sun TV Network operates over 30 South India language television channels (Sun TV, Gemini, Udaya, Surya and others) and has Sun NXT as its OTT platform. Market capitalisation is Rs 19,783 Cr.

Zee Entertainment Enterprises vs Sun TV Network: Key Products and Business Mix

In the Zee Entertainment Enterprises vs Sun TV Network product comparison, Zee Entertainment Enterprises offers: Zee earns from subscription revenues, advertising on its TV channels and ZEE5 OTT subscriptions. P/E is 35.28x, ROE 2.31 percent — very low, reflecting a period of operational challenges and leadership transitions. Dividend yield is 2.01 percent.

For Sun TV Network in this Zee Entertainment Enterprises vs Sun TV Network breakdown: Sun TV earns from advertising on its South India TV channels, subscription revenues and Sun NXT OTT. P/E is 13.73x, ROE 11.39 percent. Dividend yield is 2.49 percent.

Zee Entertainment Enterprises vs Sun TV Network: Latest Results

The Zee Entertainment Enterprises vs Sun TV Network results for Zee Entertainment Enterprises: Zee Entertainment has a market cap of Rs 9,557 Cr and P/E of 35.28x. ROE is 2.31 percent, reflecting compressed profitability following leadership challenges and merger fallout. The stock trades below book at P/B of 0.81.

The Zee Entertainment Enterprises vs Sun TV Network results for Sun TV Network: Sun TV Network has a market cap of Rs 19,783 Cr and P/E of 13.73x, significantly cheaper. ROE is 11.39 percent. Dividend yield is 2.49 percent. Sun TV is over twice Zee’s market cap.

Compare Zee Entertainment Enterprises and Sun TV Network Fundamentals on the Univest Screener

Zee Entertainment Enterprises vs Sun TV Network: Stock and Valuation

The Zee Entertainment Enterprises vs Sun TV Network stock comparison uses the latest available market data from Groww. Investors tracking Zee Entertainment Enterprises vs Sun TV Network should verify current prices on NSE or BSE before trading.

Zee Entertainment trades at a market cap of Rs 9,557 Cr and P/E of 35.28x with a very low ROE of 2.31 percent, below book at P/B of 0.81. Sun TV Network trades at Rs 19,783 Cr market cap and P/E of 13.73x — significantly cheaper — with a ROE of 11.39 percent and a 2.49 percent dividend yield.

Zee Entertainment Enterprises vs Sun TV Network: Quick Comparison Table

The Zee Entertainment Enterprises vs Sun TV Network comparison table below summarises the key metrics covered in this article side by side.

Parameter	Zee Entertainment Enterprises	Sun TV Network
Sector	Pan-India Hindi and regional TV, ZEE5 OTT	South India regional TV, Sun NXT OTT
Market Cap	Rs 9,557 Cr	Rs 19,783 Cr
P/E Ratio	35.28x	13.73x
ROE	2.31%	11.39%
Debt to Equity	0.02	0.01
Dividend Yield	2.01%	2.49%
Channels	60-plus across India and international	30-plus South India regional channels
P/B Ratio	0.81 (below book)	1.56

Conclusion

The Zee Entertainment Enterprises vs Sun TV Network comparison above covers the key data points on reach, products, results and valuation. Zee Entertainment vs Sun TV Network are both television broadcasting companies in India at very different valuations. Sun TV Network is cheaper, more profitable with a higher ROE and higher dividend. Zee Entertainment trades below book and is recovering from a difficult period of operational and governance challenges. Investors should review advertising revenue trends, OTT performance and consult a SEBI-registered advisor before investing.

Download the Univest iOS App or Univest Android App to track Zee Entertainment Enterprises and Sun TV Network live price and get daily stock recommendations.

Disclaimer: Data and figures in this article are sourced from publicly available information, including company results filings and exchange data, and are current as of the time of writing. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

Frequently Asked Questions

What is the main difference between Zee Entertainment and Sun TV Network?

Ans. Zee Entertainment operates 60-plus channels in Hindi and multiple regional languages plus the ZEE5 OTT platform. Sun TV Network dominates South Indian television with 30-plus channels in Tamil, Telugu, Malayalam and Kannada.

Which stock trades at a lower P/E?

Ans. Sun TV Network trades at 13.73x trailing earnings, significantly cheaper than Zee Entertainment at 35.28x.

Which company has the higher ROE?

Ans. Sun TV Network has an ROE of 11.39 percent, compared to Zee Entertainment at 2.31 percent.

Does Zee Entertainment trade below book value?

Ans. Yes. Zee Entertainment trades at a P/B of 0.81, below its book value.

What is ZEE5?

Ans. ZEE5 is Zee Entertainment’s OTT video streaming platform offering Hindi movies, original web series and regional language content to subscribers in India and internationally.

What risks apply to TV broadcasters?

Ans. Both companies face risk from cord-cutting as audiences shift to streaming OTT, digital advertising competition and consolidation in media ownership.

Should I invest in Zee Entertainment or Sun TV Network?

Ans. Sun TV is cheaper with higher ROE and dividend. Zee is below book with a recovery potential. Consult a SEBI-registered advisor before investing.

News

Author: Ankit Jaiswal

Ankit Jaiswal is the Senior Research Analyst at Univest, leading the platform's in-house equity research desk and serving as the editorial reviewer for all research and blog content published at univest.in. With 11+ years of experience in Indian equity markets, he oversees stock recommendations, earnings analysis, sector coverage, and ensures every published article meets SEBI Research Analyst Regulations. He holds a Bachelor of Commerce (B.Com) from St. Xavier's College, Kolkata — one of India's most prestigious commerce institutions — and has cleared CMT Level 2 from the CMT Association, a globally recognised certification in technical analysis and market research. His research methodology combines fundamental analysis (earnings quality, balance sheet strength, management commentary) with advanced technical analysis (chart patterns, momentum indicators, market structure) — giving Univest's retail investors a dual-lens approach that most Indian research platforms lack. Ankit is among the most comprehensively certified analysts in Indian financial media, holding five NISM certifications: Series-XV (Research Analyst), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-VI (Depository Operations), and Series-V-A (Mutual Fund Distributors). At Univest — India's SEBI-registered research and advisory platform — Ankit's responsibilities include leading the research team, finalising stock recommendations published across Pro Lite, Pro Super, and Pro Gold advisory services, and maintaining editorial oversight of all YMYL financial content published on the blog.